Breaking New Ground: Biodel AG’s Series A Funding and Promising R&D
Biodel AG, a pioneering company in the field of biotechnology, is making waves with its recent Series A funding round. With an infusion of capital, the company is poised to take its cutting-edge research and development (R&D) efforts to the next level.
Securing Series A funding is a significant milestone for any startup, and Biodel AG is no exception. The company’s recent success in raising funds demonstrates the industry’s confidence in its vision and potential. This financial boost will enable Biodel AG to accelerate its R&D initiatives, bringing innovative solutions to the forefront of agriculture.
Biodel AG has long been dedicated to pushing the boundaries of nature to restore sustainability to our food supply. The company’s R&D efforts focus on developing biological products for crop and livestock production, based upon their proprietary microbial and amino acid ingredients. With these development efforts, they hope to develop the essential biological inputs and practices necessary to reverse the impact of climate change.
Biodel AG’s R&D efforts are summarized in three key areas:
- Produce Nitrogen-Fixing, Photosynthetic Autotrophs
- Produce Isoprenoid Amino Complex®
- Manufacture Sequester® Soil Amendment & BioFertilizer Products
Biodel AG’s R&D endeavors have the potential to shape the future of healthcare by introducing innovative therapies, improving treatment outcomes, and enhancing patient experiences. With the Series A funding in place, the company is better equipped than ever to bring these transformative solutions to fruition.
Are you developing new technology for an existing application? Did you know your development work could be eligible for the R&D Tax Credit and you can receive up to 14% back on your expenses? Even if your development isn’t successful your work may still qualify for R&D credits (i.e. you don’t need to have a patent to qualify). To find out more, please contact a Swanson Reed R&D Specialist today or check out our free online eligibility test.
Who We Are:
Swanson Reed is one of the U.S.’ largest Specialist R&D tax advisory firms. We manage all facets of the R&D tax credit program, from claim preparation and audit compliance to claim disputes.
Swanson Reed regularly hosts free webinars and provides free IRS CE and CPE credits for CPAs. For more information please visit us at www.swansonreed.com/webinars or contact your usual Swanson Reed representative.
